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ECONO LODGE IN SOUTH DAKOTA
Listing was updated at: 11/27/2018
Property Overview
Price/Rent PSF $ 1,500,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 39,140
Date Available 11/27/2018
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Description

Location
Pierre is the state capital of South Dakota, and the county seat of Hughes County and is the eighth-largest city in South Dakota.

Sale
Econo Lodge is an interior corridor, 56 room, two story hotel with 10,000 SF of banquet/meeting space, located in Pierre, South Dakota. Constructed in 1972 and renovates several times, the hotel is located in the heart of Pierre, South Dakota's capitol. Pierre is the state capital of South Dakota, and the county seat of Hughes County and is the eighth-largest city in South Dakota.
The hotel was converted from Independent to Econo Lodge in 2015. Current ownership is absentee, they live out of state, and the property is being overseen by local managers in the city. This investment provides an owner operator the opportunity to purchase the hotel and increase NOI.
More information on the hotel can be found on the following website: www.econolodgepierre.com

*Listed in Cooperation with SD Licensee, Jon Brue, Keller Williams Realty Black Hills
(605) 343-7500

Location

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